Call reports 2014
FIRST BANK — 2014
What FIRST BANK reported to the FFIEC in 2014, quarter by quarter.
Balance sheet
What the bank holds and owes at quarter end
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Total assets | 73,583,000 | 72,076,000 | 67,941,000 | 68,233,000 |
| Total loans | 25,005,000 | 23,802,000 | 20,354,000 | 20,800,000 |
| Allowance for loan losses | 319,000 | 332,000 | 334,000 | 316,000 |
| Securities available for sale | 32,498,000 | 31,684,000 | 34,897,000 | 33,980,000 |
| Securities held to maturity | 0 | 0 | 0 | 0 |
| Trading assets | 0 | 0 | 0 | 0 |
| Total deposits | 65,130,000 | 63,448,000 | 59,164,000 | 59,727,000 |
| Interest-bearing deposits | 50,873,000 | 49,963,000 | 46,054,000 | 46,840,000 |
| Noninterest-bearing deposits | 14,257,000 | 13,485,000 | 13,109,000 | 12,888,000 |
| Equity capital | 8,217,000 | 8,336,000 | 8,460,000 | 8,243,000 |
Income
Cumulative from the start of the year, as filed — Q1 covers January to March, Q2 January to June, Q4 the full year
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Interest income | 690,000 | 1,370,000 | 1,966,000 | 2,599,000 |
| Interest expense | 73,000 | 137,000 | 198,000 | 256,000 |
| Net interest income | 617,000 | 1,233,000 | 1,768,000 | 2,343,000 |
| Noninterest income | 180,000 | 296,000 | 522,000 | 675,000 |
| Noninterest expense | 517,000 | 1,067,000 | 1,639,000 | 2,212,000 |
| Provision for loan losses | 18,000 | 28,000 | 28,000 | 28,000 |
| Pretax income | 235,000 | 464,000 | 570,000 | 748,000 |
| Income tax | 15,000 | 83,000 | 36,000 | -5,000 |
| Net income | 220,000 | 381,000 | 534,000 | 753,000 |
Regulatory capital
Basel measures — not reported for every quarter
| Measure | 2014Q1 | 2014Q2 | 2014Q3 | 2014Q4 |
|---|---|---|---|---|
| Tier 1 capital | 7,476,000 | 6,808,000 | 7,491,000 | 7,310,000 |
| Total capital | 7,795,000 | 7,140,000 | 7,826,000 | 7,626,000 |
| Risk-weighted assets | 36,155,000 | 37,596,000 | 31,424,000 | 32,452,000 |